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20130110
20130110
STATION
CNBC 3
CNN 2
CNNW 2
CSPAN2 2
FBC 2
MSNBC 2
MSNBCW 2
CSPAN 1
LANGUAGE
English 20
Search Results 0 to 19 of about 20 (some duplicates have been removed)
MSNBC
Jan 10, 2013 9:00am EST
give up the debt ceiling? power of the debt reeling? there has been suggestion go get something big for it and -- permanent. >> that's my view on it. we immediate to find a way that will is a win-win for everybody on this. my peeling has been like -- you know, let's do a permanent fix on the debt ceiling because -- it is congress holding itself hostage on this. keeps coming back. >> the old -- blazing saddles. >> that's right. find something they can take, that -- maybe -- you know, even democrats can claim as a win also. let's look for a long-term fix my idea would be let's face chained cpi. it is absurd. the president supports this. in exchange for permanent lifting of the debt ceiling. >> i want to ask you this was something in the op-ed today -- my apologies for missing who wrote it. it was about the coin and said that's an absurd proposal but if the debt ceiling doesn't get raised temporarily, it is better off if the government issues ious essentially. >> yeah. it is essentially what we would be doing. i mean -- you know, you call it whatever you want. it is essentially the tri
CNN
Jan 10, 2013 11:00am PST
in the middle class. something you need to know as the debt ceiling debates unfolds and something we will be watching. the backlash to the gun industry over last month's mass shooting in connecticut is growing. yesterday wal-mart took a beating over the decision to dodge the white house's invitation to talk about guns. today, now one of the largest public pension funds out there for school teachers said it will divest itself of investments in makers of firearms and ammunition that are illegal to purchase or own in the state of california that has some of the toughest gun laws in the country. christine romans has been following this. what's the latest? >> the largest retirement fund for teachers in the world, the retirement system will sell its stock in gun manufacturers. you may recall after the newtown shooting, teachers in california were shocked to learn that their investments, row tirement investments were in the manufacture of the gun used to kill the students and teachers in newtown, connecticut. here's what they said. this incident occurred@sky that involved educators and the
MSNBC
Jan 10, 2013 12:00pm PST
't even open to the 14th amendment saying the president could raise the debt ceiling and indicates the president could raise the debt ceiling without the consent of congress. doesn't seem like they'd be open to something like this but covering it for three years, i really i guess i wouldn't be surprised if anything happened but this is not gaining real traction on capitol hill. and it's tough to say what kind of -- what this kind of -- what people are calling a gimmick means for the negotiations. republicans across the board blasted this idea and doesn't seem realistic especially as you said there's issues and not only debt ceiling, sequester and government funtding so if the president wants a deal on any of those, making a new coin to raise the debt ceiling probably wouldn't bode well for the totality of those negotiations. >> i would say minting a coin, it definitely is sort of gimmicky or silly and so is using the debt ceiling as a hostage taking technique so glad that they haven't totally ruled that out yet and use it maybe as leverage in this upcoming fight. jake, thanks so mu
FOX Business
Jan 10, 2013 11:00am EST
figure in if he is nominated? >> i think the president is nominating him for the debt ceiling, entitlement and tax reform debates. this is exactly why jack lew is being capped. cheryl: jack lew has come out in the past and spoken publicly about debt reduction. that does not seem like something the president wants to address. he will be looking for more revenue to address the debt ceiling. can he effectively as a guest to his boss while managing the expectations of republicans? >> that is one of the fundamental problems here. i am not saying it is unimportant, but it is of secondary importance of who is president. he is not an independent actor. he put a deal for that was laughable. i think geithner was never given the room to negotiate beyond that. to me, the question is, if jack lew had the authority to negotiate issues, that is a second thing. if the president sent them off with no ability to negotiate and the president starts with we do not have a spending problem and it is all revenue, then jack lew is doomed from the very beginning. cheryl: we will be watching every step
CNBC
Jan 10, 2013 1:00pm EST
on that. but if he could make a quick deal, on the debt ceiling and on the sequester, that would be enough. he would establish his bona fides very quickly with wall street if something positive could happen relatively soon on that front. >> let me just establish here, i'm not sure abraham lincoln could make a quick deal on the debt ceiling. >> on that note, here is the president. >> good afternoon, everybody. please have a seat. a little more than four years ago, i stood with mr. tim geithner and announced him as my first nominee to my cabinet. we were barely two months into the financial crisis. the stock marketed cratered. the housing marketed cratered as well. bank after bank was on the verge of collapse. and worst of all, more than 800,000 americans would lose their jobs in just that month. and the bottom was not yet in sight. so i couldn't blame tim when he tried to tell me he wasn't the right guy for the job. but i knew that tim's extensive experience with economic policy made him imminently qualified. and i also knew he could hit the ground running. as chairman of the new york feder
FOX Business
Jan 10, 2013 6:00pm EST
leaders of this country who are saying, you have to raise that debt ceiling. >> a little hypocritical. these business leaders of the same ones to say we have to do something about our enormous debt, and what will cause a wire to our nation's finances continuing to go around borrowing a trillion dollars year after year after year. the phony issue, people are saying if we don't pass the debt ceiling it's a default. that is off the table. the constitution prevents a default on the national debt. revenues come in even after we pass -- you know, past the date which we have not passed the debt ceiling. what it means is it is more like a government shut down, not a default on debt. and shame on the media and people. gerri: there are other things that are bad that may happen like a sell-off in the stock market. the last time we tested this result of 2,000 points in the stock market, and i think that is what they are reacting to. they don't want to see that happen again, and they don't want to see executive to five executives across the country tie up the purse strings. i think they have pract
FOX News
Jan 10, 2013 1:00pm PST
increasing the debt ceiling, what would be for the 50th some odd time since world war ii? >> i think we have to do something drastic. just extending the credit card of the united states, past all reasonable levels, is not working. >> that's what i asked, doing something as drastic -- >> might take something drastic. >> neil: would youd advocate that? >> shut down the government to get people to stop spending, that dire, i say we have to stop pending. >> neil: thank you very much. maybe things are not this bad and we're not fixing things because the media says there's nothing to fix. just look at this. first time jobless claims higher, and this from the "associated press." more evidence of an economy that has grown increasingly stable. comes on the heels of this. obama scores another victory. hiring continues. 7.8%, a victory, increasingly stable? the media says w a problem at all. tucker, i mean, can't make this stuff up. >> to put it in some perspective, the president was elected the first time in 2008 because we were in a major economic crisis. of course headed into the recession, no end i
Current
Jan 10, 2013 3:00am PST
'm doing the show in a hazmat suit so i don't get sick from bill. we are approaching the debt ceiling. do you think that congress can actually work together to get something done or is there another idea to avoided debt default? we're joined by "huffington post" reporter jennifer bendery. good morning. how are you? >> good morning. i'm good. >> peter: thanks for getting up and doing this with us. >> sure, sure, anything for bill. >> peter: for those who don't know, what the hell is the trillion dollar coin? what's this idea being floated around because when i first read it, i thought it was a joke. it turns out it's not. >> i thought the same thing. i thought it was a joke. it is kind of a joke but it turns out it has legal standing. the idea is pretty simple. essentially, if we -- if congress is unable to come up with a way to avoided hitting the debt ceiling, the idea is that basically we could mint a trillion dollar coin and give it to treasury and they could tuesday to pay off our -- to cover our debt obligations and then we wouldn't need to worry about the debt ceiling anymore. it so
Current
Jan 9, 2013 5:00pm PST
blocking hagel that's time they lose as far as the debt ceiling gun control or immigration. it's smart by the white house to draw the republicans in, and while the republicans are focusing on one issue it's like whack a mole you address something else. >> john: what are the odds they do anything about climate change? >> we haven't seen--again maybe we'll see a different approach in the second term, but having said that there is nothing from obama's past that shows he wants to go out and do these controversial things. carbon tax anything dealing with the environment, climate change, i would be surprised. if he's going to cause the freak out with the executive order of gun control, that takes up so much oxygen, and you can only have so many of those freaks outs, and he can't do it seven or eight times. >> john: i think america has seen enough g.o.p. freak outs. >> they want to do something about climate change, but it's only when the economy is humming well when we ask companies to cut down on emissions. but right now there is no room to maneuver on this at all. >> john: getting the cab
CNBC
Jan 9, 2013 11:00pm EST
the debt ceiling, we could be looking at some very difficult moments over the next couple of months. and that's why all week we've been focusing on the noneconomic big jpmorgan health care conference that started on monday, where biotech and pharma countries strut their stuff. acor, this is a small billion dollar biopharma firm focused on neurology. back in 2010, accorda received approval for a drug called empira that helps people with multiple sclerosis gain their ability to walk. talk about how horrible this disease is, but it is also a lucrative disease for those who are trying to combat it, why? because it's a lifelong chronic condition. at this point, though, acorda has gotten all the low-hanging fruit. the really impressive thing about this story is they could have multiple indications. that's the holy grail of the drug business. right now acorda is conducting phase two studies seeing if it can work on people with cerebral palsy and chronic strokes. half of them have mobility issues. these additional indications are still in the early stages of being studied, so it's a high-ri
CNBC
Jan 10, 2013 6:00am EST
over the long-term. we want to see something done, but do you want to see it done with the debt ceiling? >> yeah. i agree. we have to get the debt ceiling raised. it would have unintended consequences globally, and with respect to the confidence of the u.s. economy worldwide. but imempathetic with those in congress that look at this as a moment in time that they have a little bit of leverage. the leaders of the senate, and the white house, have not organically put forward serious entitlement or spending reforms on their own. and in my mind, it's kind of like someone in your family who is suffering from a serious problem, maybe a substance abuse problem, or alcoholism, and you want to help them out, you want to help them get through the next series of challenges. in fact, maybe give them some money. but often you don't want to give money to people that need help without strings attached. and i think that's the sentiment that's being shaped in congress right now. the reality is, of course, we have to raise the ceiling, because we have to move on. these are dollars that have already been a
CNN
Jan 10, 2013 9:00am PST
have on march 1 a debt ceiling debate looming. getting somebody that's already in the game i think was something the president thought about in picking him. >> yeah, the president wanted jack lew. he's going to get jack lew. presumably there will be a fight, a few republicans who will ask him very tough questions and probably in the end vote against his confirmation. but i suspect barring some major expose or something that we don't know he's been confirmed several times in the past. here he comes, the president will be introduced. >> geithner and mr. jacob lew. >> good afternoon, everybody, please have a seat. a little more than four years ago, i stood with mr. tim geithner and announced him as my first nominee to my cabinet. we were barely two months into the financial crisis, the stock market had cratered, the housing market had cratered, as well. bank after bank of on the verge of collapse. and worst of all, more than 800,000 americans would lose their jobs in just that month. and the bottom was not yet in sight. so i couldn't blame tim when he tried to tell me he wasn't the ri
CSPAN
Jan 9, 2013 8:00pm EST
of sequestration have gone up because of the fact that they have tied it to the debt ceiling debate. keep in mind through the fiscal cliff negotiations, it was only after the last minute that they added in something to delay sequestration. it was at the last minute. it almost did not make it in there. dod dodged a bullet on this once. if there is another road -- load locked and loaded in the chamber, not sure if they could handle it again. >> with the calculation of the costs of sequestration -- >> the cost in terms of --that would be hard to do. ask me in a couple of years and i will come out with that report. any other questions? i think we're past hour time frame. thank you for coming out. if you have any other questions, feel free to e-mail those to me. >> tonight on c-span, the annual state of state addresses. later, a discussion about afghanistan security after the withdrawal of forces in 2014. >> the new congress is expected to debate the nation's immigration laws and policies this term. on "washington journal" they will talk to fawn johnson. and a discussion on that naturalization process
CSPAN
Jan 10, 2013 9:00am EST
have gone up because of of the fact that they've tied it to the debt ceiling debate. and also keep in mind throughout all the fiscal cliff debate and the negotiations on what they're going to do there, it was only at the last minute that they added in something to they sequestration. it was only at the last minute. it almost didn't make it in there, quite frankly. so, you know, dod dodged a bullet one on this. there's another round locked and loaded in the chamber. i'm not sure they can keep dodging those bullets every time it comes. eventually, one of them's going to hit. yeah. >> do any kind of calculation of the cost of sequestration? >> the cost in terms of the inefficiencies it creates? >> yes. >> you know, that would be hard to do. ask me in a couple of years if it's gone into effect, i'll come out with that report. [laughter] any other questions? i think we're past our 11:00 time frame here. thank you all for coming out. if you have any other detailed questions or anything, feel free to e-mail me or follow up after the meeting here today. thanks for coming. [inaudible conver
CSPAN
Jan 9, 2013 8:00pm EST
to go -- we are not going to raise the debt ceiling. the real question to me is why while the republicans offered specific spending cuts? are they worried about their political careers or is there something else? and one last thing, there are three factions of our country, inside the beltway, cable news and then there's the average american and i will say i'm above average, that doesn't stay engaged at all. how does -- what i'm really saying is the republican party is not seeing the forest for the trees, the force being american people and the trees being the infighting in that regard. thank you. >> guest: it's a great point. the republican the republican party in the run-up to the 2010 election, you saw the pledge to america. use all this talk of reconnecting to the american people in two and two years later they lost seats in the house and didn't win the presidency is that this is the time for rethinking. i think the debt ceiling perhaps more than the fiscal cliff is a way for republicans to make cuts in specific ways and talk about specific cuts but the real question is
Search Results 0 to 19 of about 20 (some duplicates have been removed)